Minnesota Municipal Bond ETF: MINN
INVEST IN MINNESOTA
Listen to the MINN Manager Call
| Brent Miller, CFA, Lead Manager and Bob Thompson, DIC,CFA, Co-Manager for Mairs & Power Minnesota Municipal Bond ETF led a call discussing the goals and composition of the ETF, ticker MINN. Listen in and learn more about the first exchange traded fund invested primarily in Minnesota Municipal Bonds. |
More questions? Please call us at
855-839-2800 or email MINN@mairsandpower.com
How to Invest in MINN
To invest with the ETF, please talk with your financial advisor or select MINN through your online brokerage account.
Explore the Minnesota Municipal Bond ETF
Why Invest with Mairs & Power?
We have focused our investing in Minnesota and the upper Midwest since our founding in 1931. We know the people, communities and organizations of our state.
The Minnesota Municipal Bond ETF offers an opportunity to invest responsibly in our great state to help it continue to prosper and provide a high quality of life for its residents.
We invite you to browse through this website to learn more about us, or call us at 888-204-3346.
IMPORTANT RISKS
Investments involve risk. The Fund is designed for long-term investors. Principal loss is possible.
Mairs & Power Minnesota Municipal Bond ETF has the same risks as the underlying securities traded on the exchange throughout the day. Redemptions are limited and often commissions are charged on every trade.
The Fund may trade at a premium or discount to NAV. Shareholders may pay more than NAV when they buy Fund shares and receive less than NAV when they sell those shares, because shares are bought and sold at current market prices. The data presented represents past performance and cannot be used to predict future results.
Investments in debt securities typically decrease in value when interest rates rise. This risk is usually greater for longer-term debt securities. Investment by the Fund in lower-rated and non-rated securities presents a greater risk of loss to principal and interest than higher-rated securities. Because the Fund invests substantially in Minnesota municipal instruments, it is more exposed to the impact of negative political, economic and legislative factors within Minnesota than a fund that invests more widely. Because the Fund is “non-diversified,” it may invest a greater percentage of its assets in the securities of a single issuer or a smaller number of issuers than if it were a diversified fund. The Fund is also subject to risks associated with investments in the municipal bond market, municipal mortgage backed securities, and other investment companies. The Fund is a recently organized management investment company with no operating history. As a result, prospective investors have a limited track record on which to base their investment decision. There is also a risk that the Fund will not grow to or maintain an economically viable size, in which case it could ultimately liquidate without shareholder approval.
Some of the Fund investments may be subject to AMT. Although the Fund is exempt from federal tax, you may owe taxes on any capital gains realized through the fund's trading or through your own redemption of shares.For some investors, a portion of the fund's income may be subject to state and local taxes.
Monthly income distributions are not guaranteed.
IMPORTANT RISKS
Investments involve risk. The Fund is designed for long-term investors. Principal loss is possible.
Mairs & Power Minnesota Municipal Bond ETF has the same risks as the underlying securities traded on the exchange throughout the day. Redemptions are limited and often commissions are charged on every trade.
The Fund may trade at a premium or discount to NAV. Shareholders may pay more than NAV when they buy Fund shares and receive less than NAV when they sell those shares, because shares are bought and sold at current market prices. The data presented represents past performance and cannot be used to predict future results.
Investments in debt securities typically decrease in value when interest rates rise. This risk is usually greater for longer-term debt securities. Investment by the Fund in lower-rated and non-rated securities presents a greater risk of loss to principal and interest than higher-rated securities. Because the Fund invests substantially in Minnesota municipal instruments, it is more exposed to the impact of negative political, economic and legislative factors within Minnesota than a fund that invests more widely. Because the Fund is “non-diversified,” it may invest a greater percentage of its assets in the securities of a single issuer or a smaller number of issuers than if it were a diversified fund. The Fund is also subject to risks associated with investments in the municipal bond market, municipal mortgage backed securities, and other investment companies. The Fund is a recently organized management investment company with no operating history. As a result, prospective investors have a limited track record on which to base their investment decision. There is also a risk that the Fund will not grow to or maintain an economically viable size, in which case it could ultimately liquidate without shareholder approval.
Some of the Fund investments may be subject to AMT. Although the Fund is exempt from federal tax, you may owe taxes on any capital gains realized through the fund's trading or through your own redemption of shares.For some investors, a portion of the fund's income may be subject to state and local taxes.
Monthly income distributions are not guaranteed.